[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Stocks continue to sell as 2022 comes winding down. The S&P is a short distance away from the lower edge of the weekly expected which also coincides with the top of the next volatility box. The next 2 days will be crucial as it will determine if stocks can hold or if the S&P breaks into the next 200 point wide volatility box.

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Today’s session saw additional new 52 week lows in some key stocks, sinking the NASDAQ to a decline of over 1% while the broader market was flat. Bonds pushed fell lower with the TLT losing 2% in a single session (as rates climbed again). Here’s your market update and sector check-up as we trade the final week of 2022.

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] -volatility hurt locker! /ES 3800-3600 -focus shifts to AAPL (forget TSLA) -bonds backing (rates up) off but for how long? -financials will take damage if markets progress lower -do not look for surges in volatility… not yet! Get your trade on– This week’s Profits and Losses -closed all /ES options inventory with over 50% gains -closed all /ZB calls with over 50% gains -closed Inflection Point Spreads with 50% + gains -Catapult CAT vs /ES SPX Expected Move– -last week – 87.68 (expected move) -next week – 70.59 (expected move 4 day trading week)

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] In tonight’s video we discuss the resilient economy freezing out the bulls while the bears thrive. Strong consumer confidence and a better than expected GDP has investors pricing in further Fed rate hikes in 2023 which equates to higher borrowing costs and delayed slowdown in demand.

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Holiday tape has the markets bouncing higher, but the overall bearish theme remains. Here’s a few stocks to watch for their next move lower. Plus the one stock so beaten up that I’m starting getting long…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] While we could see a lighter volume/volatility week, key retail names are in focus (with two after-hour earnings plays) while two major names cracked the XLY ETF to fresh new 2022 lows – could the market be next? In tonight’s video we highlight these two “weak stocks getting much weaker” at lows and how they’re pulling down the retail sector and potentially the broader market with them.

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] On a light day for data, the S&P 500 grinded near lows as the bounce failed to materialize. The hangover from the Fed’s statement last week clearly hasn’t cleared and questions abound over how the market will end the year. The large print on the SPY may give us some guidance on that front (NKE, NLY, AXP, WYNN, NCLH)

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] – CPI & FED – Big, Bad and Binary Movement! – 3931 held up through the roll – Have markets priced in a recession? – Confused trade in bonds – Volatility or lack thereof but SKEWs back! – Does Xmas stop the selling? – High prob of back to the VOL BOX! Get your trade on – This week’s profits and losses – TSLA – QQQ intraday – Closed inflection point spreads – New trades and setups – CAT, BA, DOW SPX Expected Move – last week – 127.01 (expected move) – next week – 87.68 (expected move)

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] In today’s TheoTrade Night Video, we discussed the fall in equities after the Federal Reserve rate hike and press conference. We also discussed the rate hikes from the Bank of England, European Central Bank, and Swiss National Bank. We looked forward to service and manufacturing Purchasing Managers Index reporting tomorrow morning which is signaling economic contraction.

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] The Federal Reserve raised the Fed Funds rate benchmark 50 basis points as expected, but it was their forward guidance about the future of the rate that sent stocks rapidly lower. In tonight’s video, we highlight the fall-out across the markets – including bonds, Gold, Oil, Silver, and the US Dollar Index – and what it means as we move quickly toward 2023. We also quickly highlight the stocks that strengthened to new 52 week highs and a major name that printed yet another fresh new 52 week price low…